Stock of the Day

AES (AES)

$10.77

+$0.26 (+2.4%)

Market Cap: $7.67B

About AES

The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.

It uses various fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass, as well as renewables comprising energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 34,596 megawatts and distributes power to 2.6 million customers. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.

Recent News

• Billion-dollar battery plant pauses construction amid electric vehicle and tariff uncertainty (financialpost.com)
• AES Corp.: One Of The Best Times To Buy (seekingalpha.com)
• The AES Corporation Remains Unscathed By Tariffs And Economic Downturns (seekingalpha.com)
• Here's what AES Indiana customers need to know about proposed rate increases (msn.com)
• AES Indiana asks to raise rates (yahoo.com)
• AES Indiana requests to raise rates (yahoo.com)
• AESO Announces Interim Approach to Large Load Connections (financialpost.com)
• Indy residents upset with proposed AES rate hike (msn.com)
• AES proposed 13.5% rate increase over 2 years (msn.com)
• AES Indiana seeking approval for increased rates due to 'rising operational costs and future investments' (msn.com)